Posted On: 12/23/2013 10:08:14 PM
Post# of 2561
ACHN Daily Chart ~ Trading the Channel Until the Next Breakout
As a few have done in Oct and Nov's channel, they have been trading the new channel successfully and are in their second swing trade since the end of Nov. Today's big move sets up the stock for a potential breakout over the top resistance line. Should that happen, then it might be game on for an attempt to close the gap to the low 7.00s. The MACDs began to crossover to the positive today. Looking like new highs shortly. GLTA
As a few have done in Oct and Nov's channel, they have been trading the new channel successfully and are in their second swing trade since the end of Nov. Today's big move sets up the stock for a potential breakout over the top resistance line. Should that happen, then it might be game on for an attempt to close the gap to the low 7.00s. The MACDs began to crossover to the positive today. Looking like new highs shortly. GLTA
(0)
(0)
